Question # 1

What type of institution a bank is:

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Financial

Social

Religious

All of the above

Which document does reveal the internal affairs of a bank

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Memorandum of bank

Articles of bank

Certificate of incorporation

Prospectus

Modern commercial Bank are teh developed form of the Busniess of.

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Gold Smith

Merchants

Money Lenders

All these

Example of Non scheduled is

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ABL

AL-Meezan Investment Bank

HBL

NBP

What percentage of total assets a scheduled bank is bound to keep within the country

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60%

70%

80%

90%

The loans obtained for meeting the administrative expenses and purchase of raw material are:

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Short term loans

Medium Term lonas

Long Term lonas

All of the above

Stock certificate is a document issued by

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Commercial bank

Central bank

Limited companies

Stock-market

Money market deals in

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Promissory note

Bills of exchange

Marketable securities

All the above

How many parties are involved in bank draft.

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Four

Three

Two

None of these

The word Bank has been derived from the German word

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Back

Bancus

Banco

None of the above

Who does get the benefit of opening an account in bank.

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Bank

Account Holder

Government

All these

ZTBL issues the loans for:

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Fishing and forest

Breading of cattles

Diary farming

All of the above

In Pakistan the bank nationalized Act is.

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Act 1956

Act 1932

Act 1962

Act 1974

Commercial bank can be

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Scheduled

Foreign

Non Sheduled

All these

Money Lenders usually known as.

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Sheikh

Nawab

Seth

Debtors

Centrak Bank Act as Lender of Last Resort to.

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Scheduled Bank

Foreign Bank

Non-Sheduled bank

All the above

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Principles of Banking Icom Part 2 English Medium Online Test MCQs With Answers

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